Are European firms falling behind in the global corporate research race
Abstract
Technological progress, such as robotics and artificial intelligence, is often blamed for the loss of jobs and rising income inequality. It is also linked to increasing inequality in the corporate landscape as superstar firms forge ahead in winner-takes-most markets. Our analysis shows that in most sectors there is a high degree of concentration among a few top companies in research and development spending. R&D spending is much more...
Paper Details
Title
Are European firms falling behind in the global corporate research race
Published Date
Apr 1, 2018
Journal
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